Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5411 | +0.0096 | pay 0.0012% / 1h | 23m 44s | $98K | $506K | 20x | Long Popdex | |
| SHORT | 0.5408 | +0.0100 | get 0.0100% / 8h | 5h 23m | $84.8M | $129.7M | 50x | Short Bybit |
Price gap−0.055%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.102% under its 7d average: the price leg works against you, −$10 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0004% /8h now · paid +0.012% over the last 7D
Price−$10spread −0.055% now, avg +0.046% → −0.102% if it goes back
Costs−$560.563% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.055%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hWLD on 39 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size19.0 / 10.0 bpAt $10k entering Popdex costs 19.0 bp, fee and slippage, 1.9× Bybit’s.
- Note: Margin at max leverage$500 + $200Popdex 20x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short Bybit: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.055% vs +0.046%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$98K vs $84.8M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0006%/8h × 21 periods+$1.29
Price spread−0.055% → +0.046% (7d avg)−$10.16
Slippage, 4 orderslive order books−$38.93
Fee Popdex bp × 2 orders−$6.40
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$65.20
Costs to cover0.563%Break-even359.7 days
Slippage: Popdex: live order book, 56 min ago; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex5.9319.0 bp−$19119.3 bp−$1,193doesn’t fitdoesn’t fit
SELL · SHORTBybit0.9310.0 bp−$1018.7 bp−$18770.8 bp−$7,082doesn’t fit
Closing costs about the same again.
Reya